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Tag "cryptocurrency"

Coinbase sacks 1,100 employees amid cryptocurrency crash

    Coinbase sacks 1,100 employees amid cryptocurrency crash

Coinbase, one of the biggest cryptocurrency exchanges in the world, says it is laying off 1,100 of its employees in order to “stay healthy during this economic downturn”. Brian Armstrong,

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Crypto market loses $250bn in hours as Russia attacks Ukraine

    Crypto market loses $250bn in hours as Russia attacks Ukraine

The value of the cryptocurrency market has fallen by $250 billion in a few hours after Russian forces launched an attack on Ukraine early Thursday morning. In a televised speech,

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Bitcoin price rises above $42,000 — highest in three weeks

    Bitcoin price rises above $42,000 — highest in three weeks

Bitcoin price on Monday rose above $42,000 for the first time in three weeks. In January, the digital currency fell as low as $33,000 from an all-time high of $68,990

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Binance restricts 281 Nigerian crypto accounts to ‘prevent fraud’

    Binance restricts 281 Nigerian crypto accounts to ‘prevent fraud’

Binance, one of the largest cryptocurrency exchanges in the world, says it restricted the accounts of 281 Nigerian users to prevent fraudulent activities and ensure the security of its platform.

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Kenya will scale up crypto adoption in 2022, says Luno GM

  Kenya will scale up crypto adoption in 2022, says Luno GM

Marius Reitz, Luno‘s general manager for Africa, has projected that Kenya will lead the cryptocurrency market on the continent in

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2021 AEC: Experts call for pan-African cryptocurrency, integrated capital market

  2021 AEC: Experts call for pan-African cryptocurrency, integrated capital market

Experts have called for a common cryptocurrency and an integrated capital market, saying it could boost trade in Africa and

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Wittytech launches non-custodial peer-to-peer crypto exchange platform

  Wittytech launches non-custodial peer-to-peer crypto exchange platform

Wittytech Limited, a digital currency firm, has launched Africa’s first non-custodial peer-to-peer cryptocurrency exchange platform. In a statement by Dan

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Bitcoin plummets as China declares all cryptocurrency transactions illegal

  Bitcoin plummets as China declares all cryptocurrency transactions illegal

The Chinese government has intensified its crackdown on cryptocurrencies by declaring that all crypto-related transactions are “illegal”. On Friday, Bitcoin

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Bawa: Criminals now prefer cryptocurrencies for illegal financial transactions

  Bawa: Criminals now prefer cryptocurrencies for illegal financial transactions

Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), says cryptocurrencies have become a preference for persons engaged

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Report: Hackers steal over $600m worth of cryptos from Poly Network

  Report: Hackers steal over $600m worth of cryptos from Poly Network

Poly Network, a decentralised finance platform (DeFi), on Tuesday announced that hackers have breached its security and have swiped more

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